(Bloomberg) -- Apache Corp. plans to triple spending
in Australia next year from 2006 as it steps up drilling and
construction in a region that may rival Egypt and the U.S. Gulf
as the company's main oil and gas producers.
Capital investment in drilling and exploration will probably
reach $1 billion next year, up from about $300 million in 2006,
said Tim Wall, managing director of Houston-based Apache's
Australian unit.
Read more at Bloomberg Energy News
in Australia next year from 2006 as it steps up drilling and
construction in a region that may rival Egypt and the U.S. Gulf
as the company's main oil and gas producers.
Capital investment in drilling and exploration will probably
reach $1 billion next year, up from about $300 million in 2006,
said Tim Wall, managing director of Houston-based Apache's
Australian unit.
Read more at Bloomberg Energy News
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